By Ji Juesu, People’s Daily “Ten more lamb skewers please!” On a Saturday night, laughter and greetings echoed from tents along Dianshan Lake in Qingpu district, east China’s Shanghai. “Coming right up,” Shi Lina, the campsite manager, shouted back as she cycled around the site to serve customers. “I feel like I’m about to wear […]
Category archives: Foreign
China remains stabilizing force for global economic growth
By He Yin, People’s Daily In the first six months of this year, China’s economy continued its recovery trend and maintained steady progress. On July 16, the International Monetary Fund (IMF) released an update to its World Economic Outlook, predicting that China’s economic growth rate will be 5 percent in 2024, an upward revision of […]
China’s express delivery sector runs faster in H1 2024
By Han Xin, People’s Daily China’s courier sector handled a record number of 80.16 billion parcels during the first six months of 2024, representing a 23.1 percent growth compared to the same period last year, according to data from the country’s State Post Bureau. The burgeoning courier sector mirrors China’s dynamic development. With efficient logistics […]
Why is China’s H1 2024 GDP growth of 5 pct remarkable?
By Nan Xi, People’s Daily Data released by China’s National Bureau of Statistics (NBS) show that the country’s gross domestic product (GDP) expanded 5 percent year-on-year in the first half of this year, which is a truly remarkable achievement for the world’s second-largest economy. In the face of immense challenges and difficulties, China’s economic growth […]
China’s national economy maintains steady progress during first six months of 2024
By Liu Zhiqiang, People’s Daily China’s national economy was generally stable with steady progress in the first half of 2024, according to data released by China’s National Bureau of Statistics (NBS) on July 15. According to preliminary estimates, the country’s gross domestic product (GDP) in the first half of 2024 reached around 61.68 trillion yuan […]
Continuous innovation injects growth momentum to Chinese enterprises
By Li Hongxing, People’s Daily In a busy, dimly lit production workshop on the second floor of a building of a Chinese pharmaceutical company in Guangzhou, south China’s Guangdong province, no workers were found, except a staff member overseeing the high-speed production line for packaging of traditional Chinese medicine (TCM). “If we didn’t have visitors, […]
How ASEAN fruits efficiently, conveniently enter China
By Zhang Niangsheng, Bai Yuanqi, Zhang Yunhe, People’s Daily Fruits from ASEAN countries are entering the Chinese market more efficiently and conveniently in recent years. This favorable trend is attributed to the full implementation of the Regional Comprehensive Economic Partnership (RCEP), the China-Laos Railway, the New International Land-Sea Trade Corridor (ILSTC), and other projects promoting […]
Continuously shortened negative list for foreign investment unleashes market vitality in China
By Zhao Zhanhui, He Linping, Luo Shanshan, People’s Daily In recent years, China has been steadily pushing forward the reform of its market access system, one of the fundamental systems underpinning the country’s socialist market economy. By continuously lowering market entry thresholds, increasing transparency of market rules, and creating a fairer market environment, China has […]
Rehashing so-called South China Sea arbitration cannot conceal rights infringement and provocation
By Zhong Sheng, People’s Daily Recently, the Philippines, in collusion with certain countries, has once again brought up the so-called South China Sea arbitration. They claimed to safeguard peace and stability in the South China Sea, but kept exaggerating the so-called award on the South China Sea arbitration, which is illegal, null and void. Their […]
Flourishing port development reveals China’s reform and opening up in new era
By Ye Qi, Luo Shanshan, People’s Daily Ports serve as the gateways through which China opens up to the outside world. As China continues to deepen reform across the board, a vast majority of ports in the country have flourished, from the north to the south, from the east to the west, and from border […]